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HomeMy WebLinkAboutColleyville Economic Development Corporation (CEDC)-Worksession-Minutes-08/04/2026 City of Colleyville Page 1 CITY OF COLLEYVILLE COLLEYVILLE ECONOMIC DEVELOPMENT CORPORATION BOARD WORKSESSION MINUTES 100 Main Street, Colleyville, Texas, 76034 Executive Conference Room - Third Floor TUESDAY, AUGUST 4, 2026 - 5:00 PM President Lindamood called the Colleyville Economic Development Corporation Board meeting to order on August 4, 2026, at 5:12 p.m. ROLL CALL: President Lindamood, and Directors Jay Anthony, George Dodson, Kimberly Holt Gunderson, Ralph Hunkins, and Scotty Richardson. ABSENT: Director Brandi Elder. Also Present: Finance Director Cassie Smith, City Manager Jerry Ducay, Assistant City Manager Mark Wood, Parks and Recreation Director Lisa Escobedo, Library Director Jack Pawlowski, Capital Projects Program Manager Elijah Dorminy, and City Secretary Christine Loven. 2. PRESENTATION AND DISCUSSION 2a Discussion of the FY 2027 proposed Colleyville Economic Development Corporation (CEDC) budget and the FY 2027 Economic Development Capital Improvement Program (EDCIP) priorities Finance Director Cassie Smith presented this item which began with an overview of the CEDC and the proposed FY27 operating and capital budgets. Finance Director Smith provided a review of the CEDC budget line items and notable highlights. There was discussion regarding capital projects, fund balance reserves, and investment income interest. City Manager Jerry Ducay discussed the City’s strategy for fiscal responsibility and the success the City has had with receiving grant funding and completing projects. 3. ADJOURNMENT There being no further business to come before the Board, President Lindamood adjourned the Worksession at 5:31 p.m. Minutes taken and prepared by: Christine Loven, TRMC City Secretary